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On January 3, 2011, Munoz Co. purchased machinery. The machinery has an estimated useful life of eight years and an estimated salvage value of $60,000. The depreciation applicable to this machinery was $130,000 for 2013, computed by the sum-of-the-years'-digits method.what was The acquisition cost of the machinery ?

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Accounting Basics, Accounting

Category:- Accounting Basics
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